ACM to cut 35 editorial positions amid revenue decline
By Staff writer in Media News on Thursday, 05th September 2024 at 5:02pm
Australian Community Media (ACM) has announced plans to reduce its workforce by cutting 35 editorial positions across its newsrooms, according to Crikey’s Daany Saeed.
In a statement released by the ACM National House Committee, it was revealed that during a town hall meeting with staff, the management shared the news, citing declining revenue as the primary reason.
In an email to staff, ACM Managing Director Tony Kendall confirmed the cuts, attributing them to the “loss of federal government advertising revenue, the loss of payments from Meta,” and “reduced revenue from display and classifieds advertising, as well as print circulation.”
A voluntary redundancy consultation period is open until September 11, with final decisions to be communicated by September 13. The last ...
To continue reading this article...
More Media News
TODAY’S TEN: Delhi heatwave strains power grid, NEET leak widens, 400 bonded labourers rescued and more
By Staff Writer in Media News on Wednesday, 20th May 2026 at 2:05pm
Jagran New Media bets on cross-platform growth with Anil Pandey’s elevation
By Meena R. Prashant in Media News on Wednesday, 20th May 2026 at 12:34pm
Opinion: Why PR agencies should budget for publisher support
By Sean Mitchell in Media News on Wednesday, 20th May 2026 at 12:28pm
Pipeline reboot wins over channel crowd
By Will McLennan in Media News on Wednesday, 20th May 2026 at 11:46amOut with Kyle & Jackie; In with Karl and Eddie
By Staff Writers in Media News on Wednesday, 20th May 2026 at 7:53am
Upfront: Tax overhaul blitz, Small business backlash, Triple-murder horror.
By Staff Writers in Media News on Wednesday, 20th May 2026 at 5:07am
Media news latest
Marcoms news latest